This video from the USA about Afghanistan is called DynCorp, US tax funds child prostitution – Operation Leakspin.
Wed Dec 2, 2009
* Defense contractor sees upside from Afghan troop surge
* Shares up 7 pct
“We expect to see relatively steady growth in our business in Afghanistan largely because we have a pretty broad portfolio of services at work in the country today,” DynCorp Chief Executive Bill Ballhaus said during a Credit Suisse conference that was broadcast over the Internet.
DynCorp, a government services provider to the U.S. Department of Defense and State Department, was chosen earlier this year to support U.S. troops in the southern part of Afghanistan under the Logistics Civil Augmentation Program, or LOGCAP.
Ballhaus said his company, which provides police training as well as dining and other logistics services, was well-positioned to support U.S. President Barack Obama’s plan to send more troops to Afghanistan.
At the same time, he added that DynCorp expected increased business in Iraq as it expands into new services, even as troop levels decline there.
Shares of DynCorp came under pressure last month after a Kuwaiti food supplier that was a subcontractor to the company was indicted on allegations that it overcharged the United States. The case deals with issues prior to DynCorp’s relationship with the supplier.
Additionally, DynCorp disclosed in a November regulatory filing that certain payments, which it believed totaled about $300,000, had been “made to expedite the issuance of a limited number of visas and licenses from foreign government agencies,” potentially violating the U.S. Foreign Corrupt Practices Act. …
DynCorp shares rose 92 cents, or 7 percent, to $14.05 on the New York Stock Exchange late Wednesday afternoon.
DynCorp (DCP) Awarded $232.4M Mentoring and Training Contract in Afghanistan by U.S. Army: here.
The Numbers Behind the Troop Increase via Dollars & Sense blog by Dollars and Sense on 12/2/09: here.
Obama’s “exit strategy” promises nothing but war without end.
Obama and Afghanistan: What A Downer: here.
Here is a horrifying fact about the human cost of the costly wars in Iraq and Afghanistan: The suicide rate among active duty soldiers has doubled since 2001. Officials talk of a near epidemic as they warn that the pace of suicides among soldiers and Marines is likely to top last year’s tally of 182 active duty members: here.
Gates: Afghanistan surge could require more than 30,000 troops: here.